Why Apple's stock has held ground as the ‘Magnificent Seven' have faltered
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Apple's stock has remained stable while other 'Magnificent Seven' tech stocks have faltered. Wall Street appreciates Apple's cautious AI spending and its strategy to mitigate potential tariff impacts.
February 28, 2025 | 3:00 pm
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Apple's stock has held steady as Wall Street favors its cautious approach to AI spending and strategies to mitigate tariff impacts, unlike other 'Magnificent Seven' tech stocks.
Apple's stock stability is attributed to its cautious AI spending and effective tariff mitigation strategies, which are viewed positively by Wall Street. This contrasts with the performance of other 'Magnificent Seven' tech stocks, suggesting a favorable short-term outlook for AAPL.
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